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IDEX Decentralized Exchange

Aurora is a collection of Ethereum applications and protocols that together form a distributed banking and finance platform.

Aurora provides an advanced financial network through Aurora’s distributed exchange, IDEX, and own stable currency, the boreal. Boreals are backed by a combination of debt and retailer endorsement, starting with IDEX, and are available to customers via loans based on their digital economic reputation.

Traders on IDEX can rest easy knowing that at all times their funds are safe thanks to the non-custodial properties of the exchange.

The Platform

IDEX, the first high-performance decentralized exchange, provides both real-time trading and on-chain settlement.

Traders on IDEX can trade continuously without waiting for transactions to mine, place true market orders and fill multiple orders at once, and cancel orders immediately without gas costs.

The AURA Token

Incentivizing a Fully-Decentralized Financial Network

The AURA token enables stakers to earn a share of fees generated by IDEX and future Aurora products. By staking AURA and helping secure Aurora’s fully-decentralized network, node operators are rewarded proportionately to their node tier, node uptime, and amount of AURA staked. The more uptime you contribute and AURA you stake, the more you earn!

Advisors

Richard Schaeffer is the founder and executive chairman of Liquid Holdings Group, a provider of trade execution and back-office systems for active and institutional asset managers. Richard is the former chairman of NYMEX Holdings, Inc. and of the New York Mercantile Exchange, Inc. As chairman, he spearheaded the exchange’s transformation to an electronic trading platform, along with its listing and IPO on the New York Stock Exchange (NYSE) and eventual sale to the Chicago Mercantile Exchange (CME) in 2008. Richard also served as chairman of the board of the NYMEX Charitable Foundation during his tenure with the exchange. He has previously served on the boards of Sacred Heart University and The University Of Maryland’s School of Business.

Cory Klippsten is President and Chief Investment Officer of DNA, which provides funding, strategy and consulting for the world’s highest potential decentralized networks. Before jumping down the crypto rabbit hole, he operated as a startup advisor and founder, worked for Google, McKinsey, Microsoft and Morgan Stanley, and earned an MBA in Finance and Entrepreneurship from the University of Chicago. He grew up in San Francisco and Seattle, split 15 years between New York and Chicago, and now lives in Santa Monica with his wife and two young daughters. His hobbies include basketball, history and travel (Istanbul and Barcelona are favorites).

Andy Sack is a venture capitalist and serial entrepreneur residing in Seattle, Washington. He is co-founder of a number of companies including Founder's Co-op, Lighter capital, Innovation Arts Group, Code Fellows and Techstars Seattle. With over 20 years of experience in the technology and finance area, he has developed a great network of investors and entrepreneurs. He's recognized as a community leader in the Seattle tech scene.